Common use of Distributions; Upstream Payments Clause in Contracts

Distributions; Upstream Payments. Obligors will not, and will not permit any of their Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any Distributions except Upstream Payments, and except:

Appears in 4 contracts

Samples: Term Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (DXP Enterprises Inc)

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Distributions; Upstream Payments. Obligors The Borrowers will not, and will not permit any of their Restricted Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any Distributions except Upstream Payments, and except:

Appears in 3 contracts

Samples: Loan and Security Agreement (Key Energy Services Inc), Loan and Security Agreement (Par Pacific Holdings, Inc.), Loan and Security Agreement (Par Pacific Holdings, Inc.)

Distributions; Upstream Payments. Obligors The Borrowers will not, and will not permit any of their Restricted Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any Distributions except (1) Upstream Payments, and except:(2):

Appears in 3 contracts

Samples: Loan Agreement (Key Energy Services Inc), Loan Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc)

Distributions; Upstream Payments. Obligors The Borrower will not, and will not permit any of their its Restricted Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any Distributions except Upstream Payments, and except:

Appears in 1 contract

Samples: Term Loan and Security Agreement (Key Energy Services Inc)

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Distributions; Upstream Payments. Obligors will not, and will not permit any of their Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any Distributions except Upstream Payments, and except:: US-DOCS\144726423.10

Appears in 1 contract

Samples: Term Loan and Security Agreement (DXP Enterprises Inc)

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